Taipan Daily: Could U.S. Monetary Policy Ignite World War III? by Justice Litle, Editorial Director, Taipan Publishing Group We know the Bernanke Fed is doing odd and dangerous things these days. But could U.S. monetary policy actually touch off a third World War? It seems far-fetched, no doubt. And the odds of actual world war breaking out are ridiculously low. (They have to be by definition, since world war is in itself such a low-probability event.) But still, the potential connection is worth exploring, if only as a thought exercise. Highlighting the connections that make the scenario possible, if not plausible, provides useful food for thought. To start we'll draw on some concepts already featured in these pages, via pieces like "The Pyramid and the Pie" and "Let Them Eat Paper." Namely, it's important to note that:
In short, the Fed can look at "non-core" inflation and shrug, because the official statistics do not pay attention to it -- and because U.S. consumers spend a relatively small percentage of their incomes on food and energy (compared to the rest of the world).
Elsewhere it is not so easy to look away, as the following Economist excerpt shows:
The equation here is fairly simple. Countries that trade with the United States, or otherwise do a lot of trade in dollars, are subject to an increased flow of dollars thanks to loose Fed policy. In order to keep their own currencies competitive, these same countries take the dollars from their exporters and print up new home currency in exchange for those dollars. (If they did not do this, the value of the home currency would rise, hurting competitiveness.) The end result is more home currency sloshing around the local economy, which drives food and energy prices up. When developing world families spend 40% of their income or more on basic food staples, this can get to be a problem fast. In fact, in the previously stable Arab world, food and energy price hikes have led to blood in the streets... In Tunisia, where the spirit of revolution broke out most plainly, violent town riots centered around "a desperate shortage of food and heating oil" (as reported to the BBC). Meanwhile, earlier this month, riots in Algeria broke out as the cost of staple goods such as flour, salad oil and sugar more than doubled. And now, in the latest twist, Egypt and Yemen are erupting. Thousands are rallying... hundreds are being arrested... and an unfortunate few are being killed. The Middle East power structure has long been dominated by "strong men" -- totalitarian leaders who have held an iron grip on power for decades, reacting to dissent with brutal crackdowns of force. Sad to say, the United States government has also cultivated official ties with many of these strong men in the name of combating terrorism and maintaining links to the region. Now, many unsavory characters are at risk of being toppled by a rising swell of anger, sweeping through regimes like a chain of dominoes. And the core of it comes back to out-of-control food price escalations, which, in turn, are in no small part a consequence of the money-pumping Federal Reserve. So where is the World War III connection? That goes back to Middle East leaders and the dawning horror that is engulfing them. As the "Jasmine Revolution" of Tunisia causes protests and revolts to leap from country to country, no strong man can feel truly safe. Those who have not been forced to flee are drawing up alternative plans. As Samuel Johnson reputedly said, "Patriotism is the last refuge of the scoundrel." Extreme forms of patriotism involve beating the drums of war. And for authoritarian regimes facing existential crisis, one of the oldest plays in the book is stirring up fervor for an outside enemy. Nothing like a rise of nationalist anger and outward directed aggression to cool the simmering discontentment at home... So now let's connect all the dots:
Regardless of ultimate outcome, we can see via this exercise how bad policies can have unintended impacts. Like the "butterfly effect" in chaos theory, one never knows how far an unwise decision can reverberate, or what unexpected further chain reactions will be touched off. With a little imagination and scenario-building, we can further see how the Western world powers that be -- who project their smug confidence and assurance daily -- are fooling no one but themselves. Warm Regards, JL
(Talkback to the above video posting) Comment: No way to know if the report is true or not, but knowing governments, specially Middle Eastern governments, I would surmise - why not? Anonymous asks: "COULD IT HAPPEN HERE?" Hello Israel: now we know how we would be greeted, should we decide to confront our own government over their many, multiple and increasing evils. And knowing Israeli technological advance, and the Israeli government's incestuous ties to the NWO via Shimon Peres, Ehud Barak, Tsippi Livni, the supreme court, and others, their response would probably be a thousand times worse. So much for 'demokratia'. Shabbat Shalom. PS: Notice below how the news media don't report all the weapons heard and seen on the clip above and in the account of that writer: notice the watered-down video from AP as well. However, truth be told, these people are evil, and deserve everything they get, on both sides.
DEBKAfile's Cairo sources report that the organizers plan to keep their protest going non-stop and absorbing all the non-religious opposition elements in the country. So far the Islamic parties led by the Muslim Brotherhood have ordered their followers to stay out. If this order is change, the Mubarak regime will be in trouble.
http://www.valleynewslive.com/Global/story.asp?S=13901294 Update: Moshe writes: this was all planned by the slime 30 yrs ago... force isr to make peace and give up the sinai and then for them to bring nazi-ally from ww2 muslim brotherhood to power in egypt to completely surround israel just when either iraq or iran was given nuke capabilities... begin took care of iraq and so that set the slime back 30 yrs or so... but now they are ready... they are not slowed down by any computer virus that degraded their nuke progress to the bomb... this is an abject lie to cover their asses in front of the world as to why they... the u.s. or isr whose gov'ts both follow slime orders... as to why they haven't yet launched an attack and an invasion to stop iran... more than this... the u.s. (cia) could have toppled iran anytime they wanted to over the last 20 yrs or so... especially this lasttime with the corrupt election which brought the whole country out into the streets in protest and easily iran was ripe for overthrow... but for these reasons i'm saying here they never did so... bec they are in league with them... they are working for the slime interests so the slime running the u.s. make sure american policy is to leave them alone... a trictly "hands off policy..." after the war the muslim brotherhood was passed over to the bloody brits who turned over this hot potato to the americans... we (they the slime ruling here) took over control of them as their assets and sent ex-nazis to the middle east under cover as russian agents to help arab world come up to speed with israel militarily... the muz brohood morphed into the plo and then later after all the other spin-off groups from the plo they became al qaeda... and together with the elite slime of this world they brought about the iranian revolution and now this egyptian one... peace is a sham... it is all about destroying isr and having isr destroy the arabs at the same time... a mutual destruction implosion to trigger and kick-start ww3... tell your readers to go check out threeworldwars.com and see the scenarios... the slime who brought communist russia to power also brought israel to power and just like they made communism self-destruct they have plans to make the zionist movement they created and gave birth to self-destruct as well... right on cue... as soon as they are set to launch ww3... the circumstances of how this came to light staed on this site is a hoax barry chamish says... this was all done by design to cover their slime tracks... and so that very few people would ever believe this "conspiracy theory" and that is as they like it... as they want it to be... but while all of this is absolutely true... still the best place to hide a secret is in plain view and thus this is how they have rigged this sick ploy and ruse... and i say while the story is fabricated... albert pike et al... the stuff it reveals is absolutely true...and so i say the info and data and historical precedent set in motion after the civil war to slowly but surely bring the nwo/owg illuminati/masonic plan to reality is true and has been in motion ever since and these wars... 1&2 are exact as to how they went about orchestrating them, conducting them and in the aftermath what they set out to accomplish... and if all of this is so by those 2 first conflagrations then so is it going to be true G-d forbid.... by the next one... ww3... will go off when they want it to... unless Hashem steps in w/moshiach... it will be the big one... gog u'maygog... armaggedon... etc.... Hashem did not interrupt wws 1&2 for His reasons... hopefully He ill intervene this time and put a stop to it... but only if we deserve it... (more on this point next time)... got to run for shabat... |
Showing posts with label arabs. Show all posts
Showing posts with label arabs. Show all posts
Friday, January 28, 2011
Food riots and the Fed - and a first-hand account of the reality behind the news blackout in Egypt - Hello Israel, COULD IT HAPPEN HERE?
Wednesday, September 23, 2009
CAIRO? I could have sworn it is Beit Omar, or any other PA arab village; welcome: smell and taste the culture - There is also another side to that love of disgusting things: GAY PORN: you would not believe HOW MANY ARABS search for lewd gay material on my blog!!
September 20, 2009
Belatedly, Egypt Spots Flaws in Wiping Out Pigs
“The problem is clear in the streets,” said Haitham Kamal, a spokesman for the Ministry of State for Environmental Affairs. “There is a strict and intensive effort now from the state to address this issue.”
But the crisis should not have come as a surprise.
When the government killed all the pigs in Egypt this spring — in what public health experts said was a misguided attempt to combat swine flu — it was warned the city would be overwhelmed with trash.
The pigs used to eat tons of organic waste.
Ramadan Hediya, 35, who makes deliveries for a supermarket, lives in Madinat el Salam, a low-income community on the outskirts of Cairo.
“The whole area is trash,” Mr. Hediya said. “All the pathways are full of trash. When you open up your window to breathe, you find garbage heaps on the ground.”
What started out as an impulsive response to the swine flu threat has turned into a social, environmental and political problem for the Arab world’s most populous nation.
It has exposed the failings of a government where the power is concentrated at the top, where decisions are often carried out with little consideration for their consequences and where follow-up is often nonexistent, according to social commentators and government officials.
“The main problem in Egypt is follow-up,” said Sabir Abdel Aziz Galal, chief of the infectious disease department at the Ministry of Agriculture. “A decision is taken, there is follow-up for a period of time, but after that, they get busy with something else and forget about it. This is the case with everything.”
Speaking broadly, there are two systems for receiving services in Egypt: The government system and the do-it-yourself system. Instead of following the channels of bureaucracy, most people rely on an informal system of personal contacts and bribes to get a building permit, pass an inspection, get a driver’s license — or make a living.
“The straight and narrow path is just too bureaucratic and burdensome for the rich person, and for the poor, the formal system does not provide him with survival, it does not give him safety, security or meet his needs,” said Laila Iskandar Kamel, chairwoman of a community development organization in Cairo.
Cairo’s garbage collection belonged to the informal sector. The government hired multinational companies to collect the trash, and the companies decided to place bins around the city.
But they failed to understand the ethos of the community. People do not take their garbage out. They are accustomed to seeing someone collecting it from the door.
For more than half a century, those collectors were the zabaleen, a community of Egyptian Christians who live on the cliffs on the eastern edge of the city. They collected the trash, sold the recyclables and fed the organic waste to their pigs — which they then slaughtered and ate.
Killing all the pigs, all at once, “was the stupidest thing they ever did,” Ms. Kamel said, adding, “This is just one more example of poorly informed decision makers.”
When the swine flu fear first emerged, long before even one case was reported in Egypt, President Hosni Mubarak ordered that all the pigs be killed in order to prevent the spread of the disease.
When health officials worldwide said that the virus was not being passed by pigs, the Egyptian government said that the cull was no longer about the flu, but was about cleaning up the zabaleen’s crowded, filthy, neighborhood.
That was in May.
Today the streets of the zabaleen community are as packed with stinking trash and as clouded with flies as ever before. But the zabaleen have done exactly what they said they would do: they stopped taking care of most of the organic waste.
Instead they dump it wherever they can or, at best, pile it beside trash bins scattered around the city by the international companies that have struggled in vain to keep up with the trash.
“They killed the pigs, let them clean the city,” said Moussa Rateb, a former garbage collector and pig owner who lives in the community of the zabaleen. “Everything used to go to the pigs, now there are no pigs, so it goes to the administration.”
The recent trash problem was compounded when employees of one of the multinational companies — men and women in green uniforms with crude brooms dispatched around the city — stopped working in a dispute with the city.
The government says that the dispute has been resolved, but nothing has been done to repair the damage to the informal system that once had the zabaleen take Cairo’s trash home.
The garbage is only the latest example of the state’s struggling to meet the needs of its citizens, needs as basic as providing water, housing, health care and education.
The government announced last week that schools would not be opened until the first week of October to give the government time to prepare for a potential swine flu outbreak, a decision that could have been made anytime over the past three months, while schools were closed for summer break, critics said.
Officials in the Ministry of Health and other government ministries said they had not made this decision — and that they had counseled against pre-emptive school closings.
It appears to have been ordered by the presidency and carried out by the governors, who also ordered that all private schools, already in class, be shut down as well.
“We did not propose or call for postponing schools, so the reason is not with us,” said an official in the Ministry of Health who spoke on the condition of anonymity because the person was not authorized to speak to the news media.
The heads of three large governorates, or states, in Egypt announced Wednesday that their strategy for keeping schoolchildren safe was to take classes, which on average are crowded with more than 60 students, and split them in half and have children attend school only three days a week, another decision that was criticized. There have been more than 800 confirmed cases of H1N1 in Egypt, and two flu-related deaths.
“The state is troubled; as a result the system of decision making is disintegrating,” said Galal Amin, an economist, writer and social critic. “They are ill-considered decisions taken in a bit of a hurry, either because you’re trying to please the president or because you are a weak government that is anxious to please somebody.”
Cairo’s streets have always been busy with children and littered with trash.
Now, with the pigs gone, and the schools closed, they are even more so.
“The Egyptians are really in a mess,” Mr. Amin said.
Mona el-Naggar contributed reporting.
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